Moving Iron Podcast Tax Moves With Glen Birnbaum 9 - 6-18

from Moving Iron Podcast · host Casey Seymour

Glen talks more about the difference between book income and tax incomeakaAccrual basis vs cash basisTypical adjustments:Book depreciation Prepaid crop expensesPrepaid rentAccrued RentValuing grain at market Marking open grain contracts to marketAccrued interestCurrent maturities of long term debtAccrued income taxesThis is all present true profitability for the farm and ties right in with crop budgets for next year

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This episode is 20 minutes long.

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This episode was published on September 6, 2018.

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